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20130122
20130122
Search Results 0 to 11 of about 12 (some duplicates have been removed)
including raising the debt ceiling, which the house expected to vote on tomorrow. in the inaugural address, he made history as the first president to mention the word "gay" and "gay rights." >> if we are truly created equal surely the love we commit to one another mutt be -- must be equal, as well. >> there will be one more party tonight, the obamas and friends celebrate with campaign and white house staffers at inaugural ball where supposedly lady gaga is performing. >> the president is sworn in on two bibles one from martin luther king and the other from abraham lincoln. traffic and weather, together, next on the abc7 morning news. here is the golden gate bridge, dry as a bone. but maybe, maybe, maybe there is rain in the forecast. >> and a deal to sell sacramento kings so they can move to seattle. the ripple effect that >> welcome back, almost everyone is just a bit warmer than yesterday so we do not have as frost. 32 at concord and fairfield is 31. upper 30's around the bay to 40 in oak and 47 in san francisco. this afternoon, low-to-mid 60's with filtered sunshine because of the high
the number one thing we need to address is our debt crisis. right now, the republicans have had a plans going forward this week and we're going to try to extend the debt ceiling by a few months to give the congress and the president more breathing room. to address a long-term balanced budget over the next ten years. we have automatic spending cuts coming in place as part of the sequester. spending cuts in march and then the government funding mechanism the end of march and that will give awes opportunity to pass the budget in the house, pass the budget in the senate and recognize those two. >> greta: you'd vote for increasing the debt ceiling. >> par coming this week, attached to it, pass a budget by april 18th otherwise members wouldn't receive any pay. it's unfortunate that we have to take that step, but the senate hasn't passed a budget now if four years and we need them to outline their priority. >> greta: or you're no? >> yes. >> i'd be hesitant to raise the debt ceiling or just put it on the side for right now. we need real solutions. what he's been outlining here are the true problems
and two, the automatic cuts, they call the sequester that are part of the 2011 debt ceiling deal. they want to address those, because they think that they can use those more efficaciously without harming the economy than with the debt ceiling kicking it down the road a few months and say that is a nuclear option kind of thing in the end and getting the president to yield and accept some cuts now that have hanging over his head, t president doesn't want that and. >> megyn: forget this is the job you were hired to do, the only way that you might get senate democrats to vote on a budget they haven't done in almost four years is to hit them in the pocket book. >> well, and a lot of senators are very rich. a lot of millionaires in that club and mark warner probably won't cry any tears losing the weekly check. for some of them that will hurt a lot and this is the important part, it would be humiliating, embarrassing to get your pay docked for not doing the job. the senate will not want to pass legislation like that, since it's attached to the debt ceiling and the president made a big d
ahead, sheila bair one day after the president's inaugural address. what she has to say about the debt ceiling standoff. >>> what a week it is going to be. "squawk on the street" is back in a minute. twins. i didn't see them coming. i have obligations. cute obligations, but obligations. i need to rethink the core of my portfolio. what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio. find out why 9 out of 10 large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. >>> shares of research in motion are up sharply this morning, after the ceo said the ongoing review could potentially leetd to the sale of its handset business. plaque berry upgrades alone could in fact drive themes. the question in terms of if they do license their software platform, jim, who would they license to, since knockia is with microsoft, and samsun
of things. the debt ceiling, the sequestration, etc., that really have not been addressed appropriately for the nation. so i think that is a good way to look at it. it is an opportunity to follow the law and do our jobs. >> thank you very much. i agree with you. i think both sides of this capital will have an opportunity to accept this bill , vote for or against it, to debate it and the merits within. i think we have seen where several prominent democrats have really accepted the challenge to get that done. mr. levin, did you want -- >> just briefly. my guess is -- >> the gentleman is recognized. >> we'll debate this tomorrow. just a few things. i'm in favor of regular order. that doesn't mean there's any guarantee of the result and to use the debt ceiling as a lever i think is a very serious mistake. after the credit of this country was downgraded, a senior director of standard & poor's -- this was right after it -- said the following about american political institutions that they were undermined -- i quote -- that people in the political arena were even talking about a potential defa
's debt ceiling through may 19. that vote is set for tomorrow. congressman paul ryan, last year's republican vice presidential nominee, said today republicans want to shift the focus to enacting a budget, with major spending cuts. the senate is going on four years now for not having passed a budget. we think this gives us the time we need in this nation to have a good, thorough vigorous and honest debate about what it takes to get our fiscal house in order and about how to budget. families budget. businesses budget. our federal government should budget. >> ifill: the bill also says if lawmakers don't enact a budget with spending cuts, they won't be paid. in the senate, democratic majority leader harry reid declined to comment on that provision, but he did say that, in general, he welcomes the house move. >> i'm very glad that they sent us up a clean... they're going to send us a clean debt ceiling bill. the other stuff on it will athat when we need to. i'm glad we're not facing crisis here in a matter of a few days. >> sreenivasan: president obama said he wanted a longer-term ex
. in his inaugural address yesterday some say the president set a not so conciliatory tone about the debt ceiling and other impasses with the gop-controlled house. >> we can not mistake absolutism for principle or substitute speckel for politics, or treat name-calling as reasoned debate. >> reporter: couple blocks away at a breakfast at a restaurant he told me this morning there has been no communication with the white over this debt ceiling bill that will be voted on in the house tomorrow, martha. martha: on the face of it, it appears if you're not doing your job you really shouldn't be paid for it. they haven't done the job when it comes to a budget for four years now. republicans do appear to be suspicious of this plan, why? >> reporter: democrats have been setting very strong signals they want more tax increases or at least revenue enhancements through closing loopholes and deductions. majority leader cantor responded to that yesterday. listen up. >> well, you know i fundamentally disagree. i don't think most americans would say to give more money to washington to have washington spen
reform government reform spending and pass a permanent debt ceiling increase for the remainder of this year. we want to give the president senate democrats an opportunity to work with us but house republicans are committed to addressing the spending issues straight up in the next three months, three and a half months and get the job done. cheryl: a look at your voting record and you voted no on the fiscal cliff despite the fact the fiscal cliff deal past and here we are now. chuck schumer already speaking out on the democratic side saying we will look at this, but we're also going to want to increase taxes. that was a flat-ou flat out linm senator schumer. will the senate rain on this parade? >> the senate reins in every parade everyday. that is not an earth flash there. i voted against raising taxes on any americans for the majority in the house and the senate and the president said some taxes have to go up. i disagreed with that. i didn't think the leadership was going to be in any mood, i know the rank-and-file will not be in any mood to raise taxes. doesn't mean we can't ra
it. >> i think we should have a progress that addresses that so it doesn't become a barrier or a political football. >> reporter: the country has never defaulted on payments but even debating the debt ceiling could have a negative impact on the economy. kyla campbell, ktvu channel 2 news. >>> let's get you updated on some of the top stories we're following right now. flights from san jose to tokyo are canceled again today after airlines were forced to ground hundreds of 787 dream liners due to safety concerns. airport officials say the wait will be until at least next tuesday. passengers are being put on united flights for the time being. >>> tonight, oakland city council is expected to vote on a $250,000 contract to hire an outside police consulting crime to help fight crime in oakland. protests are planned by those who don't want to see william bratton advising the department. >>> an undercover officer was shot last night. this morning, the search for the suspects continues. alex savidge has more. >> reporter: good morning. certainly this was a nerve- racking night and mor
ceiling is not an issue that we need to address now. the debt ceiling is that guy to kick in for a while. we have many months of work through this. senator murray is going to be my lead and the budget. senator baucus is going to be my lead in the debt ceiling. [inaudible question] >> secretary of state hillary clinton will be on capitol hill tomorrow to testify about the attack. before the senate foreign relations committee in the morning at 9:00 eastern. he is to the other side of the capital to testify before the house floor about the benghazi attack. live coverage of both hearings. and president obama nomination to replace secretary of state clinton massachusetts senator john kerry who was on capitol hill on thursday about his qualifications to the secretary of state live thursday morning it's an:00 eastern on c-span. senator john mccain calls for opposition forces and syria. the called -- >> the bipartisan group that just returned from a trip to the middle east. he remains in afghanistan during his active duty as a colonel. we hope that if he is not held hostage -- some of this subsi
Search Results 0 to 11 of about 12 (some duplicates have been removed)